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Cyprus slams Turkey as “pirate state” in drilling dispute

Cyprus on Sunday accused Turkey of “piracy” after Ankara announced new plans to drill for oil and gas in the divided island’s maritime zone, a move escalating tension despite the threat of EU sanctions. “Turkey is turning into a pirate state in the Eastern Mediterranean,” said a statement from the Cypriot presidency on Sunday. It

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Cyprus raises €1.75 bln to pay off debts

Cyprus has paid off early an International Monetary Fund loan that was part of a €10 bln rescue package in 2013 from lenders to save the island’s banking system, with analysts praising the government for a fiscally sound bond issue.

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Cyprus prepares double bond issue

Cyprus has mandated investment banks to manage a double bond issue comprising a 10-year and 20-year euro-denominated bonds, the Ministry of Finance

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Cyprus a solid partner the West can rely on

It is worrying that despite establishing a plethora of alliances with our neighbours, to safeguard natural resources and (possibly) the island’s defence, there is no clear strategy on Cyprus’ role in maintaining

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East Med Gas Forum to become international body

Cyprus Energy Minister is in Egypt to sign an agreement to enable the fledgeling East Mediterranean Gas Forum (EMGF) becoming a recognised international body. Lakkotrypis will attend the EMGF ministerial meeting, during

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VAR is not football as we know it

For a country that doesn’t even employ goal-line technology, the Cyprus FA is taking a leap of faith in its determination to

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East Med Gas Forum makes history

Egyptian Petroleum Minister Tarek El Molla hailed the signing of the East Med Gas Forum foundation charter by Egypt, Cyprus, Greece, Israel,

East Med Gas Forum makes history

Egyptian Petroleum Minister Tarek El Molla hailed the signing of the East Med Gas Forum foundation charter by Egypt, Cyprus, Greece, Israel,

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